1ST ANNOUNCEMENT Be part of the ICA 2018 - Call for Papers - www.ica2018.org - SOA.org
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Be part of the ICA 2018 –
Call for Papers
1 ANNOUNCEMENT
ST
www.ica2018.org
Hosted by:
Platinum Gold Silver Bronze
Invitation
From 4 to 8 June 2018, the German Actuarial Association (DAV) in conjunction with the International Actuarial Asso-
ciation (IAA) will host the 31st International Congress of Actuaries (ICA) in Berlin. This event will be the global summit
for the exchange of actuarial knowledge. The scientific program will include plenary sessions by eminent keynote
speakers, limited attendance experiences, seminar-type sessions with invited lecturers and a variety of sessions at
which submitted papers will be presented. Actuaries, scientists and practitioners from around the world are encour-
aged to participate in shaping the program by submitting relevant, leading-edge ideas, research results and insights
that will expand and grow the current body of actuarial knowledge.
GENERAL INFORMATION ABOUT THE SCIENTIFIC PROGRAM:
The main part of the ICA 2018 will be the scientific program including over one hundred sessions geared towards
actuaries, academics, scientists and practitioners from around the world who share an interest in actuarial topics in
insurance and finance. For this event, the Scientific Committee has identified a wide range of regional and interna-
tional actuarial topics and related subtopics. The main topics for the ICA 2018 are related to eight different special-
interest sections, reflecting the structure of the IAA Sections:
AFIR/ERM ASTIN IAAHS LIFE
Financial Risk & ERM Non-Life Health Life
PBSS PROFESSIONALISM EDUCATION
Pensions Benefits Consulting
& Social Security
The topics cover theoretical and practical issues, innovative approaches and day-to-day problems and thus encourage
cooperation between academia and the insurance industry. Moreover, against the background of societies and
environments that are changing at an increasing pace, various forward-thinking topics have been proposed in
order to cover current and upcoming trends such as demographic change, big data analytics, shared economy,
urbanization etc.
The event will take place at the ESTREL Convention Centre in Berlin – one of Europe’s most fascinating cities.
We hope that ICA 2018 has sparked your interest and that you will enrich the event with thought-provoking papers
and lively discussions. We are looking forward to meeting you in Berlin 2018!
Klaus Heubeck Michael Renz Hans-Joachim Zwiesler
Chair Co-Chair Co-Chair
National Organizing Committee Scientific Committee Scientific Committee
ABOUT THE ICA/VICA
Over 200 lectures by more than 250 lecturers, up to 11 parallel lecture halls with a capacity from 60 to
750 participants, plenary and semi-plenary sessions with eminent guest speakers and presentations
of best papers in various subject areas – in 2018, the international actuarial expertise will meet in
Berlin. Be part of it.
FORMATS YOUNG TALENTS PROGRAM
The scientific program of ICA 2018 will include a wide As part of the regular program, ICA 2018 offers three
variety of different formats suitable for all kinds of talks formats that are particularly suitable for the active
on actuarial and financial issues. In plenary sessions, participation of scientists who are just starting their
internationally renowned speaker will present and dis- careers. The “Innovation Platform” and the “Summer
cuss the latest topics that the profession will move School” are workshops that will allow deeper discussion
forward in 2018 and beyond. Plenary Sessions will be of economically important and mathematically challeng-
held on each day of ICA 2018. ing topics.
While plenary sessions will be highlights for all actuaries Anyone who cannot travel to Berlin in person can partic-
attending the congress, the semi-plenary sessions will ipate in the “Deep Dive”. This online session, especially
focus on one or two of the program strands. In these, designed for young academics, will combine a live talk
well-known experts will present forward-thinking topics from Berlin with attractive online offerings.
of the corresponding fields. In addition, numerous parallel
sessions of the eight program strands will reflect the
wide variety of topics facing the actuarial world. DIVERSITY CONFERENCE
Diversity is important to the long-term survival of the
AWARD SESSIONS actuarial profession – this is the fundamental motivation
behind the diversity conference, which takes place on
The scientific program will also include various sessions Sunday 3 June 2018, at the ESTREL Berlin, 9:00 to 13:00.
in which selected national and international prize winners Starting with the ICA 2010 in Cape Town and followed by
introduce and discuss their research results. Alongside a second event in Washington in 2014, the conference
the ICA 2018 Best Papers Awards and the IAA Section is now taking place for the third time, this time in con-
Best Papers Awards, award sessions for various well- nection with the ICA 2018. The underlying thrust behind
known prizes will be integrated into the scientific pro- this conference is that greater diversity in the actuarial
gram as well. These include the Bob Alting von Gesau profession will transform research into practical solutions
Prize in the ASTIN Section, the SCOR Actuarial Prize or in wider areas, will extend opportunities for actuaries to
the National Young Talent Awards from France (Concours work and practice and will ultimately create more jobs.
des Jeunes Actuaires 2013-2017), Germany (GAUSS- All actuaries and interested parties participating in ICA
Preis), Switzerland (Walter-Saxer-Versicherungs-Hoch- 2018 are invited to attend the congress (free of charge)
schulpreis) and Portugal (Jovem Atuário). one day prior to ICA 2018.
4
ABOUT THE ICA/VICA
PROGRAM SCHEDULE
Sunday, Monday, Tuesday, Wednesday, Thursday, Friday,
3 June 4 June 5 June 6 June 7 June 8 June
Diversity Opening Parallel Parallel Parallel Parallel
Conference Ceremony Sessions Sessions Sessions Sessions
Plenary Session Plenary Session Plenary Session Plenary Session Plenary Session
Closing
Ceremony
Lunch
Registration Parallel Limited Parallel Limited
Sessions Attendance Sessions Attendance
Experiences / Experiences /
City Tours City Tours
Welcome Event Garden Event Farewell Event
These sessions consist of three modules and combine
a live presentation – either held live on stage in Berlin
or presented as a discrete webcast – with self-study
materials in the preliminary preparation module as well
as a Question & Answer webcast in the subsequent
session module. This gives participants the exclusive
chance to discuss open questions on the presentation
directly with the speaker as well as with all other at-
tendees.
ONLINE FORMATS AT THE VIRTUAL ICA 2018 The complete online session program of VICA 2018 will
provide more than 20 sessions on a variety of subjects
For the very first time in history and as an innovation of from all congress topics. Thanks to the wider and more
ICA 2018, the scientific program will also include a detailed opportunities for discussion and analysis offered
variety of virtual formats on dedicated topics. Anyone by this new format, some online sessions are devoted
who is interested but unable to participate in the ICA to more technical and/or specialist topics.
onsite will find a suitable alternative in the Virtual ICA
2018. The virtual event enables actuaries from all over The third format of Virtual ICA 2018 will be an Insurance
the world to join the congress despite their current Simulation Game, in which 25 teams of young scientists
location. and actuaries from around the world will have the
opportunity to compete with their virtual insurance
During the VICA program, a selection of presentations companies against each other. In a realistic game en-
and highlights from the convention center in Berlin will vironment, the teams have to take a large number of
be broadcasted live via internet. In addition to that, the management decisions in order to be the best company
Virtual ICA 2018 will also offer special online sessions. at the market.
5
SECTIONS
The ICA 2018 scientific program is structured along eight special-interest sections related to the IAA
sections. The common primary objective of all sections is the promotion of actuarial research to
push the boundaries of actuarial knowledge and to promote and facilitate an international exchange
of views, advice, research and practical information among actuaries and other experts involved in
these fields.
AFIR/ERM ASTIN IAAHS LIFE PBSS
AFIR/ERM pension plans as well as annuities, share options, and
AFIR/ERM has its main topics in enterprise risk manage- other employee benefit provision implemented by
ment and particularly financial risk fields. IORPs, mutuals or insurance companies.
ASTIN (NON-LIFE) IACA (CONSULTING)
ASTIN is continually working to further develop the IACA leads consulting actuaries across all fields of
mathematical foundation of non-life insurance and actuarial practice both in the international arena and as
reinsurance. international events impact the landscape in which they
work. In addition, IACA supports its member consulting
actuaries in the context of their professional responsi-
IAAHS (HEALTH) bilities and business interests.
HEALTH has its primary topics in pricing and reserving,
product design, health aspects of demographic transi-
tion, the impact of digitalization and medical develop- PROFESSIONALISM
ments and in regulatory aspects. Professionalism for the actuarial profession comprises
the application of specialist actuarial knowledge and ex-
IAAHS (LIFE) pertise; the demonstration of ethical behavior, especially
in doing actuarial work; and the actuary’s accountability to
The focus of LIFE is the field of life insurance. Examples a professional actuarial association or similar professional
of topics covered are life insurance policy design, bio- oversight organization. The professionalism program fo-
metric risks, asset liability management or solvency cusses on all kind of questions arising in this context.
issues.
EDUCATION
PBSS (PENSIONS, BENEFITS &
Education will deal with different current and future
SOCIAL SECURITY) topics on (continuing) qualification of actuaries. There
The scope of the PENSION (PBSS) covers public pro- will be a broad and interesting program, even though
grams, occupational pension schemes and private Education is not part of the Call for Papers.
6
CALL FOR PAPERS
Apart from plenary and semi-plenary sessions, the scientific program of the ICA 2018 will include
up to 11 parallel sessions with about 100 slots for the presentation of submitted papers. Each parallel
session will last 90 or 120 minutes and contain a number of 30- to 45-minute talks. Related topics will
be grouped together in one parallel session. Through the Call for Papers, ICA 2018 offers the opportunity
to be part of the scientific program and to contribute to one of those sessions.
ABSTRACT SUBMISSION PROCEDURE ABSTRACT SUBMISSION REQUIREMENTS
The Scientific Committee welcomes Submissions must meet the following requirements:
• innovative research from academia (actuarial science, • Authors have to submit an abstract of 200-300 words.
finance, insurance, risk management, etc.),
• This has to be accompanied by
• papers written by national or international task forces
· a description of the practical value of the submitted
and working parties as well as
proposal
• papers by practitioners describing results related to
practice or open problems that might benefit from · and an overview of related literature or other
further scientific analysis. sources.
• The submission must be written in English.
For this purpose, the Scientific Committee has identified
a wide range of main topics and subtopics. The main Authors of accepted abstracts have to provide a pre-
topics for the ICA 2018 include theoretical and practical sentation, a brief bio and a portrait. Moreover, they
issues, innovative approaches and day-to-day problems. have to agree to the distribution of the submitted mate-
Authors who are interested to give a presentation at the rial (abstract, presentation, etc.) within the scope of the
ICA 2018 are encouraged to submit an abstract using ICA 2018.
the ICA 2018 online submission tool accessible via the
ICA 2018 website, from 1 February 2017 and no later
than 31 July 2017.
GENERAL TIMELINE
1 February 2017 Start of Call for Papers
31 July 2017 Submission deadline
Notification of authors on final decision for
• general scientific program onsite and online
November 2017
• ICA 2018 Best Paper Awards
• IAA Sections Best Paper Awards
19 November 2017 Publication of provisional scientific program
7
MAIN TOPICS
The following list shows the main topics for the ICA 2018 related to the different special-interest
sections. Apart from section-specific topics, the scientific program includes also joint sessions cov-
ering cross-section topics. Please note that the list of main topics and sub-topics for the ICA 2018 is
not exclusive. Candidates may also submit their own proposals for appropriate topics and sub-topics
that are not contained in the list.
AFIR/ERM
Risk Management Solvency and Regulatory Environment
• Risk strategy, risk appetite, limit systems • Latest developments concerning Solvency II
• Performance measurement • Impact of Solvency II on managing assets & liabilities
• Risk management in extreme scenarios and • Managing economic and local regulatory demands
implications in a macro-economic context • Standard model vs. internal model
(e.g. pro-cyclical effects) • International capital standards (ICS)
• Governance, communication and influence of
risk management on business decisions Capital Management
• Three years of ORSA experience • Risk transfer (internal/external)
• Optimal reinsurance structures
Risk Modelling and Valuation • Index-linked securities, investment alternatives that
• Pricing, managing and modelling of guarantees improve capital efficiency
• Approximation techniques (replicating portfolios, • Reorganization of group structures
curve fitting, LSMC) and their application to the
projection of own funds and capital requirements Customer Behavior
• Valuation of assets in incomplete markets • Global and individual drivers of customer behavior
• Modelling and assessment of alternative investments • Impact of changes in social, political and financial
• Economic/interest-rate models: modelling, valuation environment on (savings) behavior
and implications for business decisions • Mathematical and statistical methods to describe,
• Validation of internal models, technical provisions, model and quantify customer behavior
and model uncertainty • Methods and solutions to influence customer
• Architecture of internal models behavior
Investment Management and Emerging Risks
Asset-Liability Management • New developments (economic, political, business,
• Investment and portfolio strategies under changes socio-economic differences, globalization) and
in the market environment and customer behavior resulting emerging risks
• Impact of demographic development on investment • Mathematical and statistical methods to model and
decisions quantify emerging risks
• Optimal hedging strategies and the efficient use of • Cyber risk, climate change, autonomous driving,
derivatives for long-term risks and commitments and aging society
• Financial networks, assessment and modelling of
Solutions to Biometric, Mortality and Longevity Risks complex interdependencies of risks in distressed
• Digitalization, big data, and other trends in pricing, situations
modelling of underwriting risks, preferred under- • Calibration and validation of models given sparse
writing historic data
• Securitization, reinsurance and capital markets • Application of models from other industries
• New sources of mortality improvement (or deteriora- (e.g. chemical, pharmacy, nuclear, biology)
tion) and their implication for the insurance sector to insurance
8
MAIN TOPICS
ASTIN
Data Science and Big Data Analytics Methods
• Claims settlement • Alternative pricing methods: what comes after GLM?
• Telematics • What can we learn (and copy) from other industries
• Building risks especially with regards to geolocation (Google, eBay etc.)?
• Rating based on pattern recognition • Non-classical reserving methods, e.g. single
• Early warning (App) damage reserving analogue to calculation
• Connecting big data toactuarial problems • Classical methods in times of big data
• Applications to climate change and Nat-Cat • Comparison of methods that are not accessible to
• Fraud detection a direct IT solution
Discount Rate Statistical Learning
• Damage inflation vs. negative discount rate • Causality in statistical learning, machine learning
• Impact of inflation on product design and pricing • Transfer of methods from other areas (e.g. biology,
statistics, medicine, pricing for retailers)
Experience with Solvency II
• Effects of the actuarial function on management Emerging Risks
control, with special emphasis on their implementa- • Cyber risks
tion at national level • Climate change
• Effects of Solvency II on legacy business in general • Autonomous driving
and the run-off market in particular
• The role of the actuary Claims Reserving
• CERA • Dynamic run-off uncertainty
• Granular data and individual reserving
Product Innovation • Market consistent valuation of liabilities
• Application for insurance and execution using
photos or film Progress in Simulation
• Rating via film • Efficient simulation of rare events
• Peer-to-peer insurance, sharing economy, crowd • Sequential Monte Carlo methods
insurance • Support vector machines
• Decollectivisation
• Reinsurance business model: possibilities and New Insights from old Methods
benefits • Bornhuetter-Ferguson principle
• How does the relevant client “tick“, how do we • Credibility theory (see publication by the task force
model his needs? (connection to psychology) „Tarifierung”)
• Potential impact of self-driving cars on the
insurance market
Aspects of Insurance Supervision
• Insurance supervision with regard to operational
risk (OpRisk)
Reinsurance
• Optimal risk transfer and reinsurance structures
• Innovations in reinsurance and new designs in
securitization
9
MAIN TOPICS
HEALTH
Actuarial Pricing and Reserving for Health Insurance Impact of Data Availability, Digitalization and
• New calculation models and principles of health Medical Developments on Health
insurance • Impact of global medical or pharmaceutical
• Pricing updates: long-term business, short-term developments on pricing, longevity or costs
business, international comparisons • Genetics and genomic drugs – does this mean the
• Predictive modelling in health insurance end of risk pooling?
• Long-term care insurance: premium and reserve • Impact of activity- or lifestyle-based data on pricing
calculation, profit analysis • Disease management
• Underwriting in health insurance • Long-term care insurance: statistical data and
models for disablement and extra mortality of
Health Insurance Product Design disabled people
• Packaging health- and lifetime-related products • Customer behavior and new common diseases
• Micro-health insurance
• Medical analytics in healthcare pricing and product Regulatory and Social Aspects for Health
design • Solvency II and capital requirements
• Should healthcare benefits be extended to minimize • Private medical insurance vs. public health care,
policy exclusions? international comparisons
• Premiums and provisions in private health
Demographic Transition and Health Insurance insurance: statutory rules vs. actuarial requirements
• Long-term demographic trends in mortality rates, • Unisex tariffs in health insurance
morbidity rates and medical expenses
• Pandemics
• Funding old-age health needs via personal wealth
• Sustainable financing of health insurance in private
and social systems
• Future challenges: how to create value in a chang-
ing environment and what can actuaries do?
Please also note the topics for joint sessions of the program tracks LIFE/HEALTH
10MAIN TOPICS
LIFE
Actuarial Pricing and Reserving for Life Insurance Demographic Transition, Emerging Risks and
• Risk classification, underwriting and price Life Insurance
discrimination (unisex, etc.) • The impact of megatrends on life insurance risk:
• Pricing of options and guarantees migration, urbanization, climate
• Development of underwriting techniques • New models for predicting longevity/mortality
• Completion of void spaces: best estimates for risks improvements
without data • Demographic change and its impact on LTC and
• Efficient insolvency detection: accounting standards occupational disability insurance
vs. actuarial evaluation • The impact of data availability and digitalization on
• Does rational customer behavior exist? life: marketing, underwriting, claims and actuarial
• Life risk mitigation and control at individual and modelling
portfolio level • Mathematical models for emerging risks and their
• Coping with long-term-guarantees in a low interest impact on life insurance
rate environment
Regulatory and Social Aspects of Life Insurance
Life Insurance Product Design • Trends in regulation: non-discrimination, products
• Product innovation in life insurance and other issues
• Guarantee designs for the low interest rate • The role of the actuary in regulation
environment • Review of Solvency II
• Changes of customer preferences: regional and • Customer protection and Solvency II paradigms:
global trends goal achieved?
• The impact of random and uncertain environments • Policyholder communication: needs and demands
on product design • Private vs. public solutions for insuring life risks
Please also note the topics for joint sessions of the program tracks
LIFE/HEALTH and LIFE/PENSION
11MAIN TOPICS
PENSIONS
Old-Age Provision in a Low Interest Environment Pension Systems for International Organizations
• Asset-backed vs. pay-as-you-go systems in a low • United Nations Joint Staff Pension Fund and similar
interest environment and decreasing populations institutions
• Possibilities to generate revenues in a continuing
low interest period Management Control
• Protection for long-term saving: inflation, real and • Econometric modelling of capital markets applied to
nominal interest rates long-term management control in IORPs
Intergenerational Fairness in Occupational Pension Life Model
Schemes • Investigation of different approaches to calculate a
• Guarantees and inter-generational fairness in sufficient income over a life-span (“life model”),
connection with pension promises, looking for especially to avoid poverty in old age and to finance
solutions for both old and new pension deals education and academic training
New Approaches for Occupational Pension Schemes Retirement Choices
• Development of pension solutions in a dynamic • Early retirement
scenario/dynamic models • Flexible retirement
• Flexible design of capital market guarantees that are • Late retirement
appropriate and adequate for beneficiaries • Partial retirement
• New forms of guarantee similar to defined ambition
or collective DC. What experience have you had in Employer Accounting for Pensions
your country? • Current developments on IAS19 and US GAAP –
• Development of successful/alternative concepts for Comparison with other local standards
the decumulation phase; how can benefits be made • Insurance accounting vs. employer accounting
more attractive? under IFRS
Aspects of Occupational Pension Schemes with Pension Benefit Statements and Pension Tracking
regard to Staffing Policy and Social Policy Services
• What are employers’ motives for setting up an • TTYPE – National and international pension tracking
occupational pension scheme? services for all pension providers
• How far is the sponsoring employer liable for his • Pension benefit statements – How can different
defined-benefit occupational pension promises? – types of pension scheme be made comparable?
An international comparison
The Solvency Question for IORPs
• Own funds for IORPs with respect to the specific
characteristics of occupational pensions. Do we
need a Common Framework or HBS? What can
better suited solutions look like?
• Protection mechanisms in occupational pensions.
How much security do we need in occupational
pensions? An international comparison
Please also note the topics for joint sessions of the program tracks LIFE/PENSION
12MAIN TOPICS
JOINT SESSIONS
HEALTH and LIFE as well as LIFE and PENSIONS have proposed topics for joint sessions, which
cover fields that are of common interest. These sessions are organized jointly aiming at a reciprocal
exchange of knowledge and experiences, but also submissions for these topics that cover specific
aspects related to HEALTH, LIFE and/or PENSIONS only are highly welcome.
JOINT SESSIONS LIFE & PENSIONS
Design of Life Insurance and Pension Products Demographic Change and Development of Life Risks
• New guarantee designs for the low interest rate • New models for predicting longevity/mortality
environment improvements
• Changes in customer preference: regional and • Emerging risks and their impact on life insurance
global trends and pensions
• Product innovation in life insurance and pensions
• Designing and pricing annuities and LTC products
in a stochastic environment
JOINT SESSIONS HEALTH & LIFE
Product Design in Life Insurance and Demographic Change and Development of Life Risks
Health Insurance and Health Risks
• Combining health and life insurance products • Impact from megatrends on biometrical risks:
• Long-term care insurance migration, urbanization, climate change,
• Product design in a changing scenario (in the new common diseases
presence of non-diversifiable risk of change, • Demographic change and its impact on long-term
e.g. from ageing, demographic trends, morbidity care and disability insurance
trends and global medical developments) • Models for predicting trends in mortality rates,
• Microinsurance in life and health morbidity rates and medical expenses
• Mortality and morbidity at very old ages
Impact of Data Availability and Digitalization on
Life Insurance and Health Insurance Regulatory Aspects of Life Insurance and
• Definition and role of big data Health Insurance
• Use of big data in risk classification, underwriting • Solvency II: status quo and future perspectives of
and pricing regulation
· predictive modelling • Private vs. public solutions for insuring life risks and
· making use of activity or lifestyle based data health risks
· individualization vs. collectivization in modern · international comparisons
insurance of persons · statutory rules vs. actuarial requirements
• Genetic research and developments –
the impact in modern insurance of persons
• Data protection: restrictions on access to data
13MAIN TOPICS
IACA (CONSULTING)
External Drivers Data Analytics: The New Consulting Frontier
• Future of insurance regulation • Digitalization – can we play a role?
• Mass migration: How changes in demographics • Actuaries and sustainable development goals
affect risks • Actuaries working in new professional fields that
• International actuarial standards are concerned with rapidly developing technologies
• Capital market expectations in Europe • The challenges and opportunities of performing data
• Consulting actuaries dealing with Solvency II – analytics in new territories
lessons learnt • Considerations when entering a new industry to
perform data analytics
Current Issues
• Starting insurance companies The Role of the Consulting Actuary
• Outsourcing of actuarial services, pitfalls for • Actuaries working in interdisciplinary teams with
providers professionals outside the actuarial profession
• Mergers and acquisitions • Outsourced calculating machine or more?
• Diversity and Multi-disciplinary teams • The social impact of actuarial work
• Fin-Tech: Bitcoin, Blockchain, Algorithms, Robotics • The actuarial role in setting regulation (for all
• Volatility and Terrorism sectors)
Emerging Opportunities
• Non-traditional consulting jobs
• Educating clients about ERM
• Industrialization of actuarial processes and its
impact on consulting
• Environmental consulting
• What will be the next big topic for consultants in
Europe after Solvency II has been successfully
implemented?
• Actuaries in banking: learning from South Africa
and Australia
• The challenges and opportunities for actuarial
consultancies in Africa
• Doing business in Africa: considerations for pricing
work
• New product development – a task for consultants?
Please also note the topics for joint sessions of the program tracks IACA/Professionalism
14MAIN TOPICS
PROFESSIONALISM
• Actuaries in “Non-standard” Working Environments • Serving the Public Interest – what does it mean for
(cross-border, outside financial industry, in other the individual actuary, what does it mean for the
political systems, with different mathematical professional association?
backgrounds)
• The Role of the Actuary – in particular, statutory
• Managing Conflicts of Interest roles and regulatory key functions (joint sessions
with other special-interest sections)
JOINT SESSIONS IACA AND PROFESSIONALISM
IACA and Professionalism have proposed topics for joint sessions which cover fields that are of
common interest. These sessions are organized jointly by IACA and Professionalism aiming at a
reciprocal exchange of knowledge and experiences. Not only submissions related to both sections
but also submissions that cover specific aspects related to IACA and/orProfessionalism only are
highly welcome.
• Presentation Skills and Visual Communication • Actuarial Audits
• Data Security and Cyber Risks • Document Retention Policies
• Project Management • Expert Witness Work
EDUCATION
Education deals with different current and future topics on (continuing) qualification of actuaries.
There will be a broad and interesting program, even though Education is not part of the Call for
Papers.
CONTACT ICA 2018
Please send your questions regarding the Call for Papers as well as the ICA 2018 Scientific Program to
callforpapers@ica2018.org
15AWARDS AND PRIZES
A special highlight in the scientific program will be the Award Sessions. These sessions offer the ideal
environment to present outstanding content to a large audience of actuarial professionals and renowned
academics and scientists from all over the world. In order to get particular attention, the awarded sessions
will be highlighted in the scientific program. Award sessions take place on each day of the ICA 2018.
BEST PAPER AWARDS ICA participants wishing to compete for a Best Paper
The Scientific Committee will award a number of Best Award should submit, in addition to the regular abstract
Paper Awards in six given subject areas. After consid- submission, a full paper of their results in pdf format
eration of all submissions, the Scientific Committee will using the ICA online submission tool on
decide on the number of awards and the respective http://www.ica2018.com/wp/program/bestpaperaward
cash prizes of up to € 1,500 for each subject area. from 1 February 2017 and no later than 31 July 2017.
The subject areas are: Supported by
• Big Data Analytics – Algorithms, Analysis and
Application
• Demographic Change and Longevity
• Aspects of Long-Term Savings: Uncertainty in Low
Real Returns, Longevity and Inflation IAA SECTION BEST PAPER AWARDS
• Behavioural Aspects of Insurance Mathematics Besides the Best Paper Awards in the six given topics,
• Long-Term Risk: Modelling, Measuring, Managing each Section of the IAA,
and Economic Valuation • AFIR/ERM (Financial Risk & ERM)
• Mathematical Aspects of Emerging Risks. • ASTIN (Non-Life)
• IAAHS (Health)
The Best Paper Awards honour excellent contributions to
the ICA 2018. Every ICA participant is eligible to compete • IAALS (Life)
for the Best Paper Awards by submitting a paper in accor- • IACA (Consulting)
dance with the submission procedures. The prizes will be • PBSS (Pension Benefits & Social Security),
awarded in special sessions during the congress in Berlin.
will also award Best Paper Awards in their subject areas.
Submissions must meet the following additional re-
quirements: The IAA Sections announce, organize and select the
award winner independently from all submissions and/
• Submitted papers have not been already accepted or all talks that form part of the scientific program of
for publication in a scientific journal prior to submis- ICA 2018. By participating in the ICA 2018 Call for Pa-
sion. pers process, authors automatically enter the selection
• Submitted papers must be written in English and procedure. Prize winners will be awarded a prize of
may not exceed 40 pages. with € 1,000 each.
16YOUNG RESEARCHERS PROGRAM
The scientific program of ICA 2018 will offer three formats that are particularly suitable for the active
participation of academics at the beginning of their careers. In addition to young scientists, ICA 2018
also hopes to attract senior academics and practitioners who want to investigate current “hot topics”.
INNOVATION PLATFORM DEEP DIVE
The Innovation Platform is a forum that allows the dis- The Deep Dive is intended to complement the program
cussion and further development of novel and unusual by providing further background on a hot topic.
ideas to address current problems in insurance.
The Deep Dive will cover the economically relevant and
Three young researchers and three practitioners pres- mathematically challenging topic „designing and pricing
ent innovative approaches to relevant issues in the annuities and LTC products in a stochastic environment“.
context of „emerging risks“. Each presentation lasts It will be in the form of a 90-minute discussion session
10 minutes. Afterwards, the audience will choose two that goes into the details of the corresponding “regular”
approaches and discuss these in subsequent work- ICA presentation.
shops. The results of these workshops will be presented
to the audience. Both the regular session and the Deep Dive will be
recorded and provided online. The introductory and
The Innovation Platform is expected to take place on follow-up online sessions will introduce key ideas and
Tuesday. summarise important aspects of the Deep Dive.
SUMMER SCHOOL BURSARY PROGRAM
The Summer School is a short series of lectures within All formats will take place in the first half of the ICA 2018
the ICA that clarifies the foundations underlying current congress week in order to enable those attendees
actuarial research and practice. who are joining the congress for three days only to
participate as well.
The Summer School will cover the economically important
and mathematically challenging topic “market consistent In addition, ICA 2018 will offer a bursary program for
valuation of liabilities”. Academics and practitioners young academics. The details of the program will be
are to give the talks, which will also be recorded and announced by the middle of 2017.
provided online.
Two sessions lasting 90 minutes are expected to take
place on Monday and Wednesday.
17ONLINE SESSIONS
The online sessions of the Virtual ICA 2018 consist of three modules. These modules add up to more
than four hours of CPD giving speakers a much greater freedom to present a comprehensive insight
into the central topic of the session than a single 45-minute presentation would allow. Hence, participants
can gain a comprehensive overview on the underlying theory and a deeper understanding of the pre-
sented results.
During the preparation module, the lecturer introduces module offers the possibility to focus on the most inter-
the participants to the fundamentals of the central topic esting results and to spend more time on examples illus-
and explains special aspects in greater depth, which trating the underlying theory. Furthermore, conducting
are relevant for the actual live presentation. The under- the live presentation as a webcast independently of the
lying motivation is to prepare the participants as well as congress schedule in Berlin allows a timetable that also
possible. Everyone who has participated in the first suits participants living in different time zones.
module will be able to fully understand the live presen-
tation of the second module. The same holds for the Question & Answer webcast. Since
it takes part three to four days after the live presentation,
Materials provided by the speakers are self-study participants are able to re-examine the lecture’s content
material and further presentations as well as recorded and submit written questions for the webcast. In addition,
sessions (videotaped presentations with oral explana- this enables the speakers to prepare the answers ac-
tions). Links to related papers or other literature enable cordingly and to give a comprehensive answer during
interested participants to further study any aspects they the webcast.
are interested in.
Authors interested in preparing an online session for
Because the audience will have been prepared by the Virtual ICA 2018 can indicate this during the submis-
preliminary module, the live presentation in the central sion procedure.
SCHEME ONLINE SESSIONS
Module 1 Module 2 Module 3
Preparation phase with self-study
Broadcast of live presentation Question & Answer webcast
materials
• Presentations
• Articles • Live stream from Berlin or • Webcast with speakers and
• Recorded Sessions • Independent webcast other participants
• Links to further materials
Weeks 1 & 2 Week 3 Week 4
18SOCIAL PROGRAM
LIMITED ATTENDANCE EXPERIENCES
As an alternative to the excursions on Tuesday and Thursday afternoon, ICA 2018 delegates can also
attend one of twelve limited attendance experiences. In small groups of a maximum of 50 people,
participants get the chance to meet and discuss actuarial content off the beaten track. 12 events in
seven exceptional venues in Berlin are available.
Allianz Forum: Located at the Pariser Platz the Allianz Museum for Communication: Founded in 1872 the Mu-
Forum provides a spectacular view over Berlin’s most seum for Communication in Berlin is the oldest postal
popular landmark, the Brandenburg Gate. There is prob- museum in the world. Visitors can go on a journey from
ably no more central conference venue in Berlin. the very beginnings of communication until today. In the
museum’s treasury, valuable exhibits and highlights
Classic Remise Berlin: For all automotive fans, the such as the famous misprints, the blue and red Mauri-
Classic Remise – a centre for vintage cars – will be the tius, await the visitor.
place to be. Delegates can listen to a scientific talk and
enjoy the industrial architecture in combination with Ottobock Science Center: The Ottobock Science Center
historic and classic vehicles. is a highlight in many ways. At first glance, it is the
architecture with its modern façade that catches the
Lecture Hall Ruins of the Berlin Museum of Medical visitors’ attention straight away. But also the exhibits
History: The Lecture Hall ruins are part of the Museum are fascinating. Several interactive multimedia devices
of Medical History of the well-known German univer- invite the visitors to participate. Drive a wheelchair
sity hospital, Charité. The exhibition tour, prior to the through a virtual course at the Brandenburg Gate or
scientific talk, covers more than 300 years of medical balance over a virtual deep ravine. This limited atten-
history. dance experience is challenging.
Museum of Technology: The German Museum of Tech- Apart from the scientific talk, participants will explore
nology is a place for exploration. Prior to the scientific the venue in an exclusive guided tour. The limited atten-
talk, attendees can visit the exhibitions covering rail dance experiences are free of charge for all ICA 2018
transport, aviation and shipping. Interesting facts and attendees.
figures and a wide range of old and new technologies
inspire several hundred thousand visitors every year.
Feuersozietät: Boasting 300 years of history in 2018, the
Feuersozietät is the second oldest insurer in Germany.
For their anniversary, the company will host two of the
twelve limited attendance experiences during the ICA
2018. Attendees can expect an interesting, unique and
special event. All details are still being kept secret, but
it will certainly be worth a visit.
19SOCIAL PROGRAM
EXCURSIONS
After the scientific program has finished on Tuesday and Thursday afternoon, ICA 2018 delegates are
invited to join several guided tours through Berlin, Germany’s famous and vibrant capital.
Six different excursions are available. The “History the famous landmarks and impressive modern buildings
Tour” focuses on several sights of Germany’s long – a must see for anyone interested in architectural
and eventful past. The “Jewish Heritage Tour” takes achievements. These excursions as well as the other
participants to the most important places and points of social events are included in the congress fee.
interest during different periods of Berlin’s history.
“Berlin by bus and boat” combines a comfortable bus
trip through the city with a relaxing ride down the river
Spree. The “Highlight Tour” will pass by the most famous
sights in Berlin. Participants can get off the bus at the
Brandenburg Gate and Checkpoint Charlie to take a
personal souvenir photo.
And there are also tours for frequent visitors. “Berlin –
its hidden places” shows the secret spots in town. Get
to know Kreuzberg, Berlin’s notorious and multicultural
neighbourhood, and try the famous Berliner Currywurst.
The tour “Modern Architecture” brings participants to
EVENING EVENTS
As part of the ICA 2018 delegates can also join different evening events. Come together at the
Welcome Event on Sunday, get closer at the Garden Event on Tuesday and stay in touch with our
Fairwell Event on Thursday.
The “Welcome Event” will take place on Sunday 3 June man machine factory. At the ancient funfair of the fare-
2018, at the Museum für Naturkunde in Berlin. With a well event, visitors can enjoy various booth activities,
theme of “Humboldt meets Gauss”, delegates will get fun games and feel the taste of the old Berlin of the
interesting information about biological and geological 1920s. Could there be a better way to sweeten your
evolution as well as biodiversity and what connects them farewell?
to mathematics. Exclusive insights in the museum and a
dinner next to brachiosaurus brancai, the tallest mounted
dinosaur skeleton in the world, will make this event an
unforgettable experience for all ICA 2018 participants.
Two days later, on Tuesday 5 June 2018, the full and first
half week attendees are welcome to join the “Garden
Event” in the Estrel summer garden. Freshly barbecued
food, cold drinks and relaxing music offer the perfect
atmosphere to network with colleagues and to establish
new professional contacts. A great way to finish the
second congress day ICA 2018.
The final entertaining evening event will take place on
Thursday 7 June 2018 in the Kalkscheune, a former Ger-
20BERLIN
Expressive, multicultural, friendly, vibrant and historical – these are all adjectives that are closely
linked to Berlin. With approximately 3.5 million inhabitants, Berlin is the capital of, and the largest city
in, Germany. Berlin is the second largest city in the European Union in terms of inhabitants. However,
not only these key figures make Berlin special.
Berlin looks back on an eventful history of more than There are numerous restaurants where you can try
750 years. Various historic episodes have left marks on Currywurst. It is a dish definitely not to be missed when
the face and the atmosphere of the city: The Branden- visiting Berlin.
burg Gate, Victory Column, Olympic stadium or the
Urania World time clock. These and other monuments With 195 meetings for associations in 2015, Berlin has
and memorials remind visitors of the city’s lively past. risen to the top of the annual International Congress
and Convention Association’s (ICCA) host city ranking.
Nowadays, Berlin is an open-minded city, a melting pot It is the central location in the heart of Europe and it is
for many cultures. More than 190 nationalities repre- its unique mixture of traditional and modern, of art and
sented in the city shape the metropolis in many ways. culture, that makes Berlin so popular.
This is also reflected in the cultural life. 175 museums,
140 theatres, 300 private or municipal galleries and The ICA 2018 will be held in the ESTREL, the largest
300 cinemas demonstrate that Berlin is an excellent hotel in Germany. The Congress Centre alongside the
destination when it comes to art and culture. ESTREL covers a space of 269,000 sq ft – roughly the
size of two football pitches. Enough space to hold the
Around 12.5 million people visit the German capital every various parallel sessions during the ICA 2018 – up to
year – and the visitor numbers are increasing. From the 11 lectures will be held at the same time. There couldn’t
famous landmark the Brandenburg Gate, the symbol for be a better city nor a better location to hold the 31st
division and unification of Germany, to the Reichstag, International Congress of Actuaries 2018.
the seat of the German government – the city has many
interesting sights to offer. One highlight – and also a
historic location – is the Museum Island which contains
five internationally-renowned museums, e.g. the Perga-
mon Museum with the famous monumental construction
Pergamon Altar. Last but not least, many beautiful parks
and gardens with impressive stately homes such as like
Charlottenburg Palace or Sanssouci Palace attract many
visitors every year.
Apart from the cultural sights, Berlin is also a culinary
hotspot. Around 4,500 restaurants serve almost every
type of food. One particularly famous Berlin dish is the
Currywurst, a fried sausage with spiced tomato sauce.
21FEES
FEES AND PACKAGES
Registration for the ICA 2018 will open on 1 December 2017. All speakers will receive a discount on the
regular ticket fee for a full or a half week ticket. Registration includes admission to the scientific ses-
sions as well as the social program. The attendance fee shall be understood per person plus, where
applicable, the statutory Value Added Tax valid at the time in question.
DELEGATE
Early Bird 1 Early Bird 2 Regular
FULL WEEK 1 December 2017 – 1 February 2018 – 1 April 2018 –
31 January 2018 31 March 2018 3 June 2018
Regular € 1,380 € 1,505 € 1,630
Discount € 1,280 € 1,390 € 1,505
Early Bird 1 Early Bird 2 Regular
HALF WEEK 1 December 2017 – 1 February 2018 – 1 April 2018 –
31 January 2018 31 March 2018 3 June 2018
Regular € 835 € 910 € 985
Discount € 775 € 840 € 910
ACCOMPANYING PERSONS
Early Bird 1 Early Bird 2 Regular
1 December 2017 – 1 February 2018 – 1 April 2018 –
31 January 2018 31 March 2018 3 June 2018
Full week € 380 € 470 € 550
Half week € 235 € 290 € 340
FURTHER INFORMATION?
Up-to-date information on the scientific and social program can be found on www.ica2018.org and in the
monthly newsletter. Subscribe via the website.
22International Congress of Actuaries 2018 c/o Deutsche Aktuar Förderprojekte gGmbH Hohenstaufenring 47-51 50674 Cologne Germany Tel.: +49 221/9125540 www.ica2018.org
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